Open To Buy Excel Spreadsheet -
A functional OTB spreadsheet should include columns for each month or week of the planning period (typically 6 to 12 months). Essential data rows include:
In the fast-paced world of retail, inventory is your greatest asset—but it can also be your biggest liability if not managed correctly. An plan is a strategic roadmap that helps you determine exactly how much inventory to purchase during a specific period to meet sales targets without overstocking. open to buy excel spreadsheet
Open-to-Buy=(Planned Sales+Planned Markdowns+Planned Ending Inventory)−Planned Beginning InventoryOpen-to-Buy equals open paren Planned Sales plus Planned Markdowns plus Planned Ending Inventory close paren minus Planned Beginning Inventory A functional OTB spreadsheet should include columns for